STOCK TITAN

PATRICK INDUSTRIES (PATK) director gets 1,594-share annual stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Suggs Denis G reported acquisition or exercise transactions in this Form 4 filing.

PATRICK INDUSTRIES INC director Denis G. Suggs received an equity grant of 1,594 shares of common stock on May 14, 2026 as part of his annual director compensation. The award vests on May 14, 2027, bringing his directly held stake to 20,338 shares after the grant.

Positive

  • None.

Negative

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Insights

Routine annual stock grant modestly increases director’s equity stake.

Director Denis G. Suggs received 1,594 shares of PATRICK INDUSTRIES INC common stock as an annual director stock grant. The grant has a zero dollar price per share, indicating it is compensation rather than an open-market purchase.

The shares vest on May 14, 2027, which helps align the director’s incentives with longer-term company performance. After this award, Suggs directly holds 20,338 shares, so the grant increases but does not dramatically change his ownership position.

Insider Suggs Denis G
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,594 $0.00 --
Holdings After Transaction: Common Stock — 20,338 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Stock grant size 1,594 shares Annual Director's Stock Grant on May 14, 2026
Grant price per share $0.0000 per share Equity compensation, not open-market purchase
Holdings after grant 20,338 shares Total common stock directly owned after transaction
Vesting date May 14, 2027 Vesting for 1,594-share director stock grant
Annual Director's Stock Grant financial
"Annual Director's Stock Grant awarded on May 14, 2026 and vesting..."
vesting financial
"awarded on May 14, 2026 and vesting on May 14, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Suggs Denis G

(Last)(First)(Middle)
107 W. FRANKLIN STREET

(Street)
ELKHART INDIANA 46516

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PATRICK INDUSTRIES INC [ PATK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026A1,594(1)A$0(1)20,338D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027.
Remarks:
/s/ Denis G. Suggs by Joel D. Duthie, attorney-in-fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PATRICK INDUSTRIES (PATK) report for Denis G. Suggs?

PATRICK INDUSTRIES reported that director Denis G. Suggs received 1,594 shares of common stock as an annual director stock grant on May 14, 2026, increasing his direct holdings to 20,338 shares after the award.

Was the PATK Denis G. Suggs Form 4 a purchase or a grant?

The Form 4 for Denis G. Suggs reflects a grant of 1,594 shares as compensation, coded as a grant or award acquisition, not an open-market purchase, with a reported price per share of $0.0000 under the company’s director stock program.

When do Denis G. Suggs’ new PATK shares from the 2026 grant vest?

The 1,594-share annual director stock grant awarded to Denis G. Suggs on May 14, 2026 vests on May 14, 2027, according to the footnote, encouraging longer-term alignment with PATRICK INDUSTRIES’ performance and continued board service.

How many PATRICK INDUSTRIES shares does Denis G. Suggs hold after this Form 4?

Following the May 14, 2026 director stock grant, Denis G. Suggs beneficially owns 20,338 shares of PATRICK INDUSTRIES common stock directly, as reported in the Form 4’s post-transaction holdings column for his non-derivative equity position.

What does transaction code "A" mean in the PATK Denis G. Suggs Form 4?

Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. For Denis G. Suggs, it denotes an annual director stock grant of 1,594 shares, received as equity compensation rather than a market transaction.